You never know what the American public is going to do, but you know that they will do it all at once.

I'm a person who has a hard time saying no, and it gets me into trouble because I sometimes overreach.

The invisible hand in politics operates in the opposite direction to the invisible hand in the market.

All government operation is wasteful, inefficient, and serves the bureaucrat rather than the consumer.

All action is an attempt to exchange a less satisfactory state of affairs for a more satisfactory one.

[It's] useful to ask ourselves, 'Just how global are we?' before we think about where we go from here.

If you want to learn real economics instead of neoliberal junk economics, read Michael Hudson's books.

Before you invest in anything else, exhaust the possibilities of investing in your own business first.

Some people would believe anything, especially if it eliminates awkward social and political problems.

Once constituted, capital reproduces itself faster than output increases. The past devours the future.

France has never gotten over the fact that it was once a great power and is now just a great nuisance.

The outcome of any serious research can only be to make two questions grow where only one grew before.

In any case I hold that there must arise a science of the development of economic forms and relations.

In general, corruption tends to exist whenever governments have favors to extend, or something to sell.

Fear invariably and universally induces disengagement, and disengagement is negative division of labor.

Producer's Surplus is a convenient name for the genus of which the rent of land is the leading species.

You have to be interested in inequality. The issue of inequality and that of poverty are not separable.

Poverty is not really as much of an obstacle to educational expansion as it's sometimes made out to be.

Just 8% of the $409bn spent on fossil-fuel subsidies in 2010 went to the poorest 20% of the population.

Hayek was making us think of the productive process as a process in time, inputs coming before outputs.

Either this is logical and true, or else the principles on which economic science is based are invalid.

The presentation of the Golden Badge of the Movement is the highest honor the Third Reich has to offer.

This desire for equity must not lead to an excess of welfare, where nobody is responsible for anything.

When the time comes to raise rates, I do think there will be some benefits that flow through to savers.

Fiscal discipline begins by leveling with people, by being honest, by paying for all of your proposals.

I have made no distinction between the circulation of goods and of money, because there really is none.

The best scheme of finance is, to spend as little as possible; and the best tax is always the lightest.

Extreme poverty is the best breeding ground on earth for disease, political instability, and terrorism.

By all but the pathologically romantic, it is now recognized that this is not the age of the small man.

Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.

It is not necessary to advertise food to hungry people, fuel to cold people, or houses to the homeless.

The size of General Motors is in the service not of monopoly or the economies of scale but of planning.

But now, as throughout history, financial capacity and political perspicacity are inversely correlated.

I have never understood why one's affections must be confined, as once with women, to a single country.

The love of money as a possession...will be recognised for what it is, a somewhat disgusting morbidity.

Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable.

Innovation is the market introduction of a technical or organisational novelty, not just its invention.

When I said "the pocket of the banks," it is not necessarily a mercenary relationship. It is a mindset.

I do know that, you know, Donald Trump has a global portfolio, and many global investors are in Russia.

Government can screw up just about everything. Given enough power and time it will screw up everything.

The State provides a legal, orderly, systematic channel for predation on the property of the producers.

Falling prices through increased production is a wonderful long-run tendency of untrammeled capitalism.

If you believe that markets operate in Alan Greenspan fashion, then you don't inquire into the details.

In the United States, journalists receive awards for lying for the government and for the corporations.

Law is just one public institution, but it is a cornerstone of society. When law goes, everything goes.

We live in a much more interconnected world now, and that means that it's more fragile than we realize.

Rather than Barack Obama borrowing from Mitt Romney, both Romney and Obama borrowed from Richard Nixon.

There is a fundamentalist belief by capitalists that capital will save the world, and it just isn't so.

There is nothing that politicians like better than handing out benefits to be paid for by someone else.

Let us proportion our alms to our ability, lest we provoke God to proportion His blessings to our alms.

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